Monday, December 14, 2015

Canada to Place Price on Carbon Emissions

Canada's new Liberal government vowed Friday [12/4/15] to work in 2016 toward putting a price on carbon emissions in order to curb CO2 pollution warming the planet.

Prime Minister Justin Trudeau's administration, however, has yet to say exactly how it might proceed -- possibly implementing either a carbon tax or a CO2 cap and trade scheme -- or when new regulations would come into effect.